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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: WaveSeeker who wrote (41203)	1/9/1999 11:02:00 AM
From: Sipowitz	Respond to of 119973

+Mr. Pink (5727 ) From: +Sipowitz Saturday, Jan 9 1999 11:00AM ET Reply # of 5730 Sipowitz feels very good about his investment in DBCC and also his investment in BII (Bid.com). He feels that DBCC will hit $35 by Wednesday and also feel that many people are holding this stock and refuse to sell thus lowering the float. Sipowitz ranks the following a STRONG buy for Monday: DBCC PROG NAVR AHWYW TUNE RRRR SYBR NBTY GWRX CIEN ONPT IUSAA JBOH He believes that many will be happy by Friday if they follow his advice... He also says to Short VRIO, DRIV, and SPLN

To: WaveSeeker who wrote (41203)	1/9/1999 12:29:00 PM
From: WaveSeeker	Respond to of 119973

I had an interesting pre-market trade on Thursday and would like to hear people's opinions on the matter. Thursday morning, around 8:30 am, I saw a COOL offer on Instinet way below the close thinking that maybe they had terrible earnings. The offer was for 2000 shares at 13 3/16 with the next highest offer being 26 1/2. I immediately bought the 2000 shares thinking that whenever a stock gaps down like this, there's usually a morning bounce. Around 9:25 am, I received a call from my trading firm that the trade had been broken. No doubt, I could have probably sold the shares on the opening because the bid remained around 26 until the opening; however, the rep explained to me that the NASD would have broken the trade because I could have turned around and sold the shares for an immediate large profit. However, I have come to believe that pre- and post-market trades are like the wild West because of the dramatically fluctuating prices. Was it legal to break this trade? Would love to hear your opinions on the subject... Thanks.